An individual sets aside a certain amount of his income per month to spend on his two hobbies, collecting wine and collecting books. Given the information below, illustrate the demand curve for wine. Wine Price Book Price Wine 40 20 10 $15 $30 $60 Books 100- 90- 80- 70+ 60- 50+ 40- 30- 20- 10- $12 $12 $12 OB Roodedoche Books 50 50 50 PCG 0+ 0 10 20 30 40 50 60 70 80 90 100 Wine Budget $1200 $1200 $1200 Q 1 Using the three-point curved line drawing tool, draw the demand curve for wine in the figure to the right. Label this curve 'Demand'. Carefully follow the instructions above, and only draw the required object.

In fall 2006, Pace University in New York raised its annual tuition from $25,000 to $29,200. Freshman enrollment declined from 1,500 in fall 2005 to 1,140 in fall 2006. Assuming that the demand curve for places in the freshmen class at Pace did not shift between 2005 and 2006, use this information to calculate the price elasticity of demand. Use the midpoint formula in your calculation. Source: Karen W. Arenson, "At Universities, Plum Post at Top Is Now Shaky," New York Times, January 9, 2007. The price elasticity of demand for Pace University for the fall of 2006 is (Hint: include the negative sign and enter your response rounded to two decimal places) The demand for places in Pace's freshman class is price Calculate the total revenue generated from Pace's freshman class in 2005 S Calculate the total revenue generated from Pace's freshman class in 2006 The total amount of tuition Pace received from its freshman class in 2006 compared with 2005

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QUESTION 79 1. You and your college roommate eat three packages of Ramen noodles each week. After graduation last month, both of you were hired at several times your college income. You still enjoy Ramen noodles very much and buy even more, but your roommate plans to buy fewer Ramen noodles. You and your roommate consider Ramen noodles as a normal good You and your roommate consider Ramen noodles as an inferior good You consider Ramen noodles as an inferior good but your roommate considers it as a normal good You consider Ramen noodles as a normal good but your roommate considers it as an inferior good QUESTION 80 1. You own a deli. Which of the following is most likely a fixed input at your deli? the dining room the bread used to make sandwiches the tomato sauce used to make soups the employees

The diagram illustrates the demand for MQ2020, a luxury car manufactured by MQ Motors Which statement correctly describes the demand for MQ2020? 8,000 Price, P: WTP (5) 6,000 4,800 4,000 3,200 2,000 0 0 40 60 80 100 Quantity, Q: number of consumers per day 120 Select one O a. There are 99 consumers per day who are willing to pay money for MQ2020. O b. If MQ Motors sets the price at $4,800, there will be 60 consumers who are willing to buy MC22020 Oc MQ Motors will need to raise the price up to $8,000 in order to maximise its profit Od. There are 59 consumers who are willing to pay more than $4,800 for MQ2020. Oe. The demand curve shows that points A and C are feasible options for MQ Motors.

Please only Typing answer   I need ASAP

Only Typing answer Please i need ASAP